LIBYA
AGOCO Sounds Capacity Alert As Unrest Hit Oil Sector
Rising security challenges and a wave of labor unrest are hitting Libya’s oil sector, whose top producing firm, state-owned AGOCO is already pressured by a debilitating lack of electrical power at its key fields.
This electricity shortage has reduced effective AGOCO capacity from 380,000-400,000 b/d down to 300,000 b/d, a company source tells MEES. BP withdrew some non-essential expatriate...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!